Introduction Our business SwireTHRIVE About our report Other ESG disclosures Appendices Performance data External initiatives, charters and memberships GRI and HKEX content index GGlloossssaarryy Glossary References in this document to Hong Carbon O昀昀setting and Reduction Employee category Kong are to Hong Kong SAR, to Macau are Scheme for International Classi昀椀cation of employees into categories to Macao SAR and to Taiwan are to the Aviation or CORSIA based on experience, seniority, and Taiwan region. A scheme adopted by ICAO which aims to responsibility. stabilise emissions from international civil aviation at 2020 levels. See also Individual Contributor, Team Leader, A Operational Leader, Strategic Leader. Available tonne kilometres or ATK Certi昀椀ed sustainable seafood Enterprise Risk Management or ERM Overall capacity, measured in tonnes Seafood that comes from well managed The identi昀椀cation, assessment, monitoring available for the carriage of airline and sustainable 昀椀sheries and is certi昀椀ed by and management of risks that may passengers, excess baggage, cargo and the Marine Stewardship Council or other interfere with an enterprise’s operations certi昀椀cation bodies. mail on a 昀氀ight sector multiplied by the and objectives. sector distance. Circular economy Euro II / Euro III / Euro IIIA / Euro An economic system in which resources B IV / Euro VI are kept in use for as long as possible, European emission standards that Biogenic emissions recovered and reused at the end of their service lives. de昀椀ne the acceptable limits for exhaust CO emissions from the combustion or emissions of vehicles. 2 biodegradation of biomass. Climate-related risk Building Environmental Assessment The potential negative impact of climate F Method or BEAM change on an organisation. Fly Greener A method of assessing building See also Physical risks, Transitional risks. A voluntary carbon o昀昀set programme sustainability performance in Hong Kong. Cold drink equipment or CDE which o昀昀ers Cathay Paci昀椀c passengers Includes vending machines, coolers and the opportunity to o昀昀set their carbon C fountains. footprint from air travel. Carbon Dioxide Equivalent or CO e Cubic metres or cbm Frozen e昀케ciency baseline 2 A measure of the global warming potential A metric unit of volume or capacity A baseline from which performance is of releases of the six greenhouse gases equal to 1,000 litres or 1.0 metric projected, assuming no improvement in current e昀케ciencies. speci昀椀ed by the Kyoto Protocal. These tonne of water. ), methane (CH ), are carbon dioxide (CO 2 4 FSC certi昀椀ed O), hydro昀氀uorocarbons nitrous oxide (N2 D Certi昀椀cation for timber products that (HFCs), per昀氀uorocarbons (PFCs) and indicates it was sourced from responsibly ). Drink Without Waste or #DWW sulphur hexa昀氀uoride (SF 6 managed forests or recycled sources in Carbon neutral A coalition (of beverages producers and accordance with the Forest Stewardship The balancing of every unit of bottlers, waste management enterprises Council Principles and Criteria. anthropogenic CO emitted with an and NGOs) which wants to reduce waste 2 generated from beverage consumption in equivalent amount of CO removed, for 2 Hong Kong. example by carbon sequestration. Carbon o昀昀sets E Reduction, removal, or avoidance of GHG Ellen MacArthur Foundation’s New emissions from a speci昀椀c project that Plastics Economy Group compensates for GHG emissions occurring elsewhere. A group which aims to reduce the environmental footprint of plastics through better packaging and more recycling. SWIRE PACIFIC — SUSTAINABLE DEVELOPMENT REPORT 2022 — 113